SAIPARENTBSESAI PARENTERALS LIMITEDHighPositive
Announced Tue, 25 Aug, 2026 · 18:36 IST

Subsidiary renews Australia OTC supply deal worth Rs 204 Cr

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Price reaction · full curve 14 horizons · vs prior close
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AI summary

Sai Parenterals' subsidiary Noumed Pharmaceuticals renewed a 3-year OTC medicines supply agreement with a leading Australian pharmacy chain. Deal value projected at AUD 30 million, about Rs 204 Crores at Rs 68.52 per AUD. Effective 24 August 2026, with expanded product portfolio and higher value than the prior agreement.

Likely market impact

Strengthens export revenue visibility over 3 years and signals deeper Australia OTC market penetration.